Oracle 1Z0-532 Certification Exam Questions and Answers PDF

Oracle 1Z0-532

Certification Exam Questions and Answers PDF

Oracle 1Z0-532 Exam

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How to Prepare for 1Z0-532 Exam on

Oracle 1Z0 532 Oracle Hyperion Financial Management 11 Essentials preparation guide helps you to get focused on the exam. This guide also helps you to be on 1Z0 532 exam track to get certified with a good score in the final exam.

Exam Product Version Hyperion Financial Management 11.1

Exam Price USD $245 (Pricing may vary by country or by localized currency)

Duration 120 minutes

Number of Questions 65

Passing Score 75%

Format Multiple Choice Questions (MCQ)

Recommended TrainingOracle Hyperion Financial Management 11 Certified Implementation Specialist Oracle Hyperion Financial Management 11.1.2: Create & Manage Applications

Schedule Exam Pearson VUE

Sample Questions

Oracle Hyperion Financial Management 11 Certified Implementation Specialist (OCS)

Recommended Practice1Z0-532 Online Practice Exam

Hyperion

Essentials

Overview of Hyperion Financial Management

Creating Applications Profile and Metadata Classic

Explain financial reporting concepts

Describe HFM structure and design concepts a high level

Create an application profile and application Create the application profile Manage, Load and Extract metadata Build a Chart of Accounts - Describe and specify values for commonly used properties Describe and specify values for commonly used application settings - Describe and implement dimensionality

Explain advantages and disadvantages of using EPMA versus "classic" HFM

Describe EPMA components

- Define and maintain dimensions using EPMA

Create and maintain application using EPMA

EPM Architect

Deploy applications

Use data synchronization to move data between EPMA based applications Data Loading and Analysis

- Load data into an application with native format files

Load data into an application using alternative approaches

- Copy and clear data from HFM application

HFM Rules & Calculation Manager

Creating and Building Lists

Create and maintain calculations in HFM Define and invoke subroutines Define and use variables Define and invoke functions

Create member lists.

- Use member lists.

Load and Extract member lists.

Shared Services

Explain Security and Lifecycle Management Describe security structure (i.e. users/groups, roles, and classes) in HFM Provision users and groups Create and assign classes - Manage users, groups and classes in a classic HFM application via extract/load Use Lifecycle Management Services to move artifacts from one application to another

Copy classic HFM applications

HFM Administration

- Perform application management tasks using the HFM Administration menu

- Implement process control

Perform HFM tuning and optimization

HFM End User Basics

HFM End User Advance Functions

Financial Reporting Studio

Use task lists Use data grids Use data entry forms Use Journals.

- Implement intercompany reporting in HFM

Explain and use the basic features of Financial Reporting Studio Explain and use relationship functions in report creation - Use end user report functionality and features

Supporting Tools of FM

Financial Data Quality Management Other Extended Analytics

Oracle 1Z0-532 Certification Sample Questions and Answers

To make you familiar with Oracle Hyperion Financial Management 11 Essentials (1Z0 532) certification exam structure, we have prepared this sample question set. We suggest you to try our Sample Questions for Oracle OCS 1Z0-532 Certification to test your understanding of Oracle 1Z0 532 process with the real Oracle certification exam environment.

1Z0 532 Oracle Hyperion Financial Management 11 Essentials

Sample Questions

01. Your source data file has values for 12 months across the columns. What is the best way to load this file into FM with native load functionality?

a) Split the file into 12 different files, each with a single month. Set the POV for the Period dimension = specific month.

b) Define a range for periods in the POV with the following syntax: !Period = January..December.

c) Make sure the column header has the month label; FM will load the column to the correct month.

d) List the months in the POV with the following syntax:! Period= January December.

e) List the months in the POV with the following syntax:!Period = January, December.

02. How can an administrator get a list of security classes AND assigned users defined in the FM application?

a) Select Document > Reporting > Security > Security report.

b) Select Tasks > Extract Tasks > Extract Metadata.

c) In the EPMA Dimension Library, under the Security Class dimension for the application, rightclick the application and select Assign Access Control, then select Security reports, and choose Classes by user.

d) In Shared Services, right-click the application and select Assign Access control, then select Security reports, and choose Classes by user.

e) Select Tasks > Extract Tasks > Extract Security.

03. You need to migrate an FM application in version 11 from development to production. Your environment has two instances of Shared Services, one for development and one for production.

Identify the two true statements about using Life Cycle Management to perform the application migration from development to production within this environment.

a) You can select specific objects to migrate or all objects to migrate.

b) Migrating applications from development to production in disconnected environments, where there are two instances of Shared Services, is not supported.

c) Life Cycle Management will migrate both objects and data.

d) Life Cycle Management will generate an XML file that can be modified and used for importing to target applications.

e) The only role necessary to perform LCM activities is Application Administrator.

04. You need to track and report an additional level of detail for journal entries, tracking whether the adjustment came from the GL, legal, or other source. Identify the best method to meet this requirement.

a) It is not possible to track additional levels of detail in journals.

b) Build a custom dimension to capture the additional level of detail.

c) Build subaccounts in the Accounts dimension to capture the additional level of detail.

d) Use commentary to note the sources of journals.

e) Use line item details.

05. For a classic application, what are the two valid methods to extract metadata to a text file?

a) You can extract metadata using the EPMA file generator.

b) Metadata can be extracted from within FM under extract tasks.

c) Metadata can be extracted from within EPMA Dimension Library.

d) Metadata can be extracted from the File > Export menu.

e) Metadata can be extracted from an FDM application.

06. Which is the rule function used to notify the following year that a consolidation is needed due to recalculation of the current year?

a) Exp

b) Impact Status

c) Open Data Unit

d) A rule function is not used; input subroutine is used.

07. You are loading data to FM under Load Tasks> Load Data. What are four valid options for how data should be loaded into the application?

a) Merge

b) Clear and Load

c) Replace

d) Replace by Security

e) Accumulate within File

f) Append

08. Identify the three true statements about I/C activity.

a) Intercompany transactions are eliminated at the first common parent.

b) Intercompany transactions can be processed for both open and closed periods.

c) Matching tolerances can be set by percent, dollar amount, or both.

d) Eliminations are processed during both Calculation and Consolidation processes.

e) I/C reports are available to display transactions by status-Matched, Mismatched, or Unmatched.

09. The Account dimension's Is ICP "R" property specifies________.

a) If ICP transactions, including self ICP transactions, are enabled for the account

b) If ICP transactions are not enabled for the account

c) if ICP transactions can be drilled back to source activity

d) if ICP transactions are enabled for the account, but the account cannot have ICP transactions with it self

10. A Classic FM application profile contains which three components?

a) Frequency

b) Calendar

c) Dimension Associations

d) Language(s)

e) Scenario

Solution:

QUESTION: 01 Answer: b

QUESTION: 02 Answer: e QUESTION: 03 Answer: a, d

QUESTION: 04 Answer: b

QUESTION: 05 Answer: a, b

QUESTION: 06

Answer: b QUESTION: 07 Answer: a, c, d, e QUESTION: 08 Answer: a, c, e

QUESTION: 09 Answer: d

QUESTION: 10 Answer: a, b, d

How to Register for 1Z0-532 Oracle Hyperion Financial Management 11 Essentials Exam?

● Purchase exam voucher from Oracle University

● Register for an exam at PearsonVue

Hyperion

Management

Essentials